About your Search

20121129
20121207
STATION
CURRENT 13
MSNBCW 11
CSPAN 6
CNNW 4
KGO (ABC) 3
MSNBC 3
WTTG 2
CNBC 1
CSPAN2 1
FBC 1
KPIX (CBS) 1
WJLA 1
LANGUAGE
English 56
Search Results 0 to 49 of about 56 (some duplicates have been removed)
. and former health insurance executive wendell potter on what obama's proposed $340 billion in medicare cuts will mean for seniors. >>> vice president joe biden stumps for the middle class at a retail store that treats its workers right. i'll talk costco and fiscal cliff with steve greenhouse of "the new york times." >>> plus hostess executives tank their company and cost the people their jobs. so why are they still demanding millions of dollars in bonuses? >>> and we'll tell you how senator john mccain fits in with congressman louie gohmert's latest conspiracy theory. >> this administration sent planes and bombs and support to oust gadhafi so al qaeda and the muslim brotherhood could take over libya. >>> good to have you with us tonight, folks. republicans are walking tall in public but hanging their heads behind closed doors. john boehner struck a defiant tone during a news conference today. he blamed the president and democrats for stalling negotiations on a debt deal. >> despite the claims that the president supports a balanced approach, the democrats have yet to get serious about real s
the truth. the obama team has put the budget in front of him. he knows what the cuts are. for him to go in front of the american public and be disingenuous about he doesn't know what the specifics are is a flat-out lie. get your cell phones out. i want to know what you think. tonight's question, who is john boehner fooling? text a., for no one, b. for himself to 622639. always go to our blog at ed.msnbc.com. we'll bring you the results later on in the show. joining me now, richard wolffe, not a card player, but msnbc political analyst and vice president, executive editor of msnbc.com. i thought it was an academy award performance by boehner today. >> pretty good, huh? >> he knows what the numbers are, don't you think? >> he knows what the numbers are and what the other side is holding here. he has to pretend like he fought for something. he has no leverage. tom cole isn't just a guy from oklahoma. he led the republican conference. that's the ideological core, those are the sort of torch holders for the whole movement. and so when tom cole says, we got to go with what we've got here, we
sandy politicians making big promises, president obama promising to cut the red tape. now have they all forgotten about the victims? we're back with our political panel. john, you can see the frustration, you know. the man blasting president obama about his vacation to hawaii, just said he doesn't have electricity. you know, what about it? >> it's perfectly understandable and justified. i mean, you have the entire national media swoop in for a story where president obama and chris christie shook hands and that was supposed to be his great heartwarming moment where they were going to come together to fix things. now a month later there are real problems here and government just simply hasn't been working for a lot of these people. you have stories where there are perfectlily got fema trailers sitting in pennsylvania when they could be put to use in new york or new jersey. >> greta: why aren't they there? >> no one knows. i don't know. you hear people telling stories about filling out forms, people who are approved to use the money to stay at a marriott but not a comfort inn. there are so
. with real cuts. obama was supposed to gave speech where he would respond with a counter offer. what did he do? he gave a speech with ryan on the front row. he called the ryan proposal un-american, insulted him. offered nothing and ran on mediscare in the next 18 mont months. they expect the republicans will do this again? republicans will walk on this. i think they have leverage. yes, for congressional democrats it will help them in the future if the republicans absorb the blame because we will have a recession. obama is not running again unlike the congressional democrats. he is going to have a recession. 90% unemployment, 2 million more unemployed. second term that will be a ruin. that is not a good proposition if you are barack obama. >> bret: before you respond to that, a.b., there is one thing that speaker boehner talked about today, leverage wise. that is tying the debt ceiling limit to this entire deal. and the white house reacting. >> there is a lot of things i wanted in my life, but almost all of them had a price tag attached to them. if we talk about the debt limit, there will be
that they really stick to tax cuts have to continues for the wealthiest 2%, obama local veto rather than make a bad deal. do you agree? >> i completely degree. the president has drawn a clear line in the sand on this whole idea of the tax cuts. he said at every campaign speech. if you make over a quarter of a million dollars, your taxes will go up. it's just that simple. i think the republicans have even sort of moved a little bit to the left on this. they are like, you know, we are willing to put a come-along with that. there are some republicans you are. you are never going to get michelle bachmann paul ryan god bless america. for all of the other ones moderate republicans and those are like, wait a second. i am going to be in a tough primary fight. in the mid-term election, going to be in the mid-term fight against a democratic candidate. they are going to have to come to the middle. i think there is also, new republicans republicans, you know, in the united states congress like the bob corker's of this world, pat tumis whom say let's get something done b
to get tax cuts, what president obama has proposed. this is not rocket science, not complicated. boehner, lead or resign. >> this is "the bill press show." ed is calling from frederick maryland. what do you say, ed? >> caller: good morning. i think the number one thing that viewers like about the young turks is that we're honest. they know that i'm not bs'ing them with some hidden agenda, actually supporting one party or the other. when the democrats are wrong, they know that i'm going to be the first one to call them out. they can question whether i'm right, but i think that the audience gets that this guy, to the best of his ability, is trying to look out for us. [ music ] >> coming to you live at current.com/billpress. this is "the bill press show," live on your radio and current tv. >> you've got it 33 minutes after the hour now. here we go with the "full-court press." this monday morning, december 3rd, coming to you live from our nation's capitol brought to you today by the communication workers of america, good men and woman of the communication
obama offered up cuts in the -- cuts in the tax increases that helped bring the deficit in the first place but he's already clocked out around $2 trillion in spending cuts and interest decreases over the next ten years. now, as we know, the republicans have run and beaten the democrats on this idea that they're going to cut things, that they're going to find waste and eliminate it. well guys, now is your chance! step up to the microphone. what exactly are the cuts? it is funny. we're not hearing anything from these guys after they talked about it for so long. >> stephanie: exactly. that's what the white house is saying. the ball is in the republican's court. we're four weeks from the slope hill ramp. boehner -- republicans have a plan for providing as much as $800 billion in new government revenue over the next decade and we considered the elimination of tax deductions on high-income earners but when pressed for details, he declined to say. >> we've got a plan but i can't explain it to you because you wo
't the better alternative which is to see all the tax cuts he e s expire? >> how will he pass the massive obama tax cut without the house? >> i'm assuming they'd want to have a big tax cut, right? >> no. >> they would sit on their hands post-january 1st and say nothing? >> do you think republicans are so stupid in the house they don't see that move coming and say, you know what? you go ahead and you try to pass your tax cut through harry reid's senate, and we'll pass our tax cut through the house. and good luck. >> so they would just rather have everyone's tax -- i'm shock that that would be the end result. >> harry reid would rather have it his way or nobody's way? >> no, i'm saying you can negotiate in these flex three weeks about this package of tax cuts. >> i don't mean this to be directed towards you -- >> but here it comes. >> -- no, i'm just saying generally, there is such an arrogance in the media since the president won. they think that these house republicans are -- >> have nothing to say. >> -- have absolutely nothing to say. >> i do agree with that. or nothing of value. >> they act
without higher tax rates for the wealthy. >> obama: if we're going to raise revenues that are sufficient to balance with the very tough cuts that we've already made, and the further reforms and entitlements that i'm prepared to make, then we're going to have to say the rates on the top 2% go up, and we're not able to get a deal without it. >> jennifer: and jay carney piled on the g.o.p. plan. >> we don't know who pays. we don't know what we're talking about in terms of actual legislation to increase revenue. it's magic beans and fairy dust. >> jennifer: magic beans and fairy dust. those are fighting words--frilly fairytale fighting words but still fighting words and boehner came back with a few verbal jabs of his own saying, quote, if the president really wants to avoid sending the economy over the fiscal cliff he has done nothing to demonstrate it. but even as the democrats pound him from the left, he is taking punches from the right. the leader of the right's rebellion is, of course, grover norquist. he said the president has installed himself at loyalty, and boehner is not being suffi
and congressional democrats. president obama proposed $4 trillion in deficit reduction, he has a balanced approach to take care of the middle class and that they have the certainty that they need that we make spending cuts that are significant, that make sense, and that we maintain the things that are going to keep us competitive globally like the central funding for education and innovation, and at the same time we also make sure we ask wealthiest americans to pay a little bit more and when it comes to our tax policy that if you work hard and play by the rules in america that everybody has a chance to succeed and that's why you've seen ceos from across the country sign on to that notion, with president obama, saying it's okay if we raise rates a little bit for folks who make more than $250,000 a year. the world is not going to come to an end. there are republican and conservative analysts and thought leaders like bill kristol who have said that. why the republicans in the house who really are still very entrenched with their tea party mentality have not yet understood that, and are still dug in,
immediate action to avoid those automatic tax increases and spending cuts come january. president obama is saying that with the way speaker boehner plan stands now, no deal. >> unfortunately the speaker's proposal is out of balance. we will have to see the rates on the top 2% go up and we are not going to be able to get a deal without it. >> that was an exclusive with bloomberg t.v. and the first televised interview since the president's re-election. as you heard, taxes are the big issue blocking this deal from taking place. president obama is calling for downhill the amount of tax revenue as speaker boehner over the next tens years, most from the nation's top earners. many. republicans say that's not the way to handle this. here is marco rubio. >> it wouldn'ting make a small bent in the debt but it would heard middle class businesses. >> the g.o.p. could be risking a civil war over this issue. it does not look like obama is ready to cave. if that forces republican leaders to compromise staunch conservatives will likely rebel. more "bill press" up after t
, but they are not specified. myth number 3, obama has put $400 billion of unspecified cuts on the table. he claimed obama's -- i'm serious -- proposal -- >> he is a drama queen. >> mine is serious. theres isn't serious! i'm flabbergasted. [ laughter ] >> stephanie: the programs have existed for quite sometime. here he is. >> they won the election. they must have forgotten that republicans continue to hold the majority in the house, but the president's idea of negotiation is roll over and do what i ask. >> objection. >> we need to find common ground and find it quickly. >> oh shut up. >> stephanie: common ground -- >> common ground do what i tell you to do. >> stephanie: how about the same thing you just -- >> yeah. >> stephanie: tom [ inaudible ] republican of oklahoma. >> i'm certain if this is not good enough for the white house, we will go over the fiscal cliff. this is a compromise on taxes -- >> stephanie: no it's not. and the aforementioned drama queen, lindsay gram. >> i'm pretty sure we have going over the cliff. >> good heavens! >> stephanie: oh, my god! i think we're going over t
of my2k origins. a few samples. obama irony, same people who claimed bush tax cuts are only for the rich now argue to keep them because they help the poor. and there is this one. my2k should really be somebody else's two k. they can government not to take their money and say take it from someone else. and then there is this one, y2k was caught by programmers failing to limit code 24 places. speed was caused by americans failing to limit obama to four years. back to you. melissa: thank you so much, thanks they want to tweet hash tag bad ideas. thank you, dennis. lori: what is going on? melissa: you haven't been shopping. lori: luxury jeweler not looking very pretty today. the trade at the nyse coming ahead. melissa: is andrew mason the right person to run it groupon? meeting on the troubled company's future. having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. now is a good time to think abo
expect those cuts to be made. given the obama victory on november 6th, democrats sense they have somewhat of a mandate to increase taxes on wealthy as we all heard. you hear much less about cutting government spending. to make matters worse, citizens sense government waste, congress, especially senate where most members are committee chairman or subcommittee chairman are inate bias against cutting government spending. this is tom schatz. >> they don't want to give up power, jurisdiction or the money. it is also a lot easier for members of congress to run back home and say i'm fixing this problem by spending money. i'm not fixing the problem by solving the problem, and providing the benefits that people need. >> reporter: cutting spending and attending to constituent needs are often very much in conflict, jenna. jenna: we heard a lot of different strategies, haven't we, doug, the ways to tackle the debt and deficit. is there any alternative that really exists besides cutting government waste and spending? >> reporter: one potential avenue they could take would be to actually fall off the f
news continues. fiscal cliff of tax increases and sharp spending cuts is now exactly one month away. in his weekly media address today, president obama again pushed his party's tax plan. of course, utah senator orrin hatch rejected in the republican response. >> both parties say we should keep middle class taxes low. the senate's already passed a bill to keep income taxes from going up on middle class families. democrats in the house are ready to do the same thing. if we can just get a few house republicans on board, i'll sign this bill as soon as congress send it my way. >> what he proposed this week was a classic bait and switch on the american people. a tax increase double the size of what he campaigned on. billions of dollars in new stimulus spending, and an unlimited, unchecked authority tow borrow from the chinese. maybe i missed it, but i don't recall him scwg for any of that during the presidential campaign. >> jarvis: parents and school boards across the country are debating whether to offer bonuses to teachers whose student do well on standardized tests. sharyl attkisson c
that they should agree with president obama and extend the tax cuts for middle-class americans and then fight later on for that tax cut for the wealthy. we will ask him about this latest proposal, the counterproposal from the house republicans. j.d. on twitter says -- on our republican , richard from colorado springs, colorado. caller: c-span could put on actual science. i think there is a lot of magical thinking on the part of democrats here. first of all, they are assuming if they raise the taxes on this one%, it will not affect the jobs and the companies that they work for. nor would it affect the customers they have. what are the percentages of the most important job creators around? how did you identify them? they had no clue. i think the other aspect of magical thinking is that in the noise and the signal, nate silver pointed out previously a 12% rise in gdp might ake for a 2% rise in employment. in 2005, we got 3.5 million jobs lost. it is a fantasy to believe that the president's spending is going to make employment rise more. recently, there has been an article by a harvard university law
differences. boehner would cut much more. obama's view is we've cut so much from that already we have to be careful how much more we cut. >> when you talk about discretionary spending cuts, a big difference between defense cuts and domestic cuts. does it go after defense spending the way he has? >> he hasn't spelled it out yet. we don't know. r&d, a lot of investment programs we think we need to keep this economy growing. >> can i ask a question? what makes up the difference between the bowles-simpson proposals and the other ones? why is that so much higher? what are they leaving out? >> there were more tax increases. it was light on entitlements. >> okay. >> where did bowles-simpson get the revenue. >> they eliminated a whole slaw and lowering rates and also a tax on gasoline. >> they let the bush tax cuts expire, right? >> initially they did and then were going to do tax reform. >> would they increase the taxes on the rich? >> yeah. >> they would? >> yes. >> to the same extent? >> i would have to do the math. >> don't you do any homework? >> numbers cruncher. dad, thank you so much.
, representative tim wall. putting forth the petition for the middle class tax cuts in the house. >> like that. >> stephanie: a little something for everybody this morning. here she is, jacki schechner for everybody. in the current news center. >> good morning, everybody! president obama is meeting with business leaders again today to talk about the consequences of going over the fiscal cliff. he's also claiming to call on congressional leaders to make sure we raise the debt ceiling without contention. the white house making the case that extending the bush tax cuts for the middle class is directly connected to the health of our businesses. companies need to know consumers will be able to spend and in his first post-election interview president obama again rejected the house republican counteroffer that is on the table. >> unfortunately the speaker's proposal right now is still out of balance. we're going to have to see the rates on the top 2% go up and we're not going to be able to get a deal without it. >> let's hope he st
that the boehner rule, i. efrmgts any extension of the debt limit must be matched by matching spending cuts the norm from now on. seems president obama does not want to play that game as he said. walking away from the press conference today withes the gop leadership on capitol hill, a x alex, they're still engaging in the trench warfare. i asked speaker boehner about the $250,000 bush tax cuts, all the polling shows the country will think republicans are to blame if we go over the fiscal cliff, six out of ten voters in november said the tax rates should go up, how much longer can he afford to politically keep this pledge and he said look, you heard it there, the rates when we close the revenues, loopholes will go up on the rich people. that still is the mindset. what's interesting, is talking to republicans leaving the house conference gop conference this morning, there is a lot of support for speaker boehner. there aren't cracks like there were during the debt limit where he had a faction that was lining up against him wholeheartedly. even after yesterday we heard all the stuff of fallout
. >> she is created. -- creative. gordon peterson is in the with a look ahead. >> president obama was making case in virginia to and the the your tax cuts for wealthiest americans. with a falls church afternoon. we'll have the latest capitol hill over could happen should we go over the fiscal cliff. have a new report that moving into the s moving out who i and why. see you in a few minutes. >> tonight, we will find out happened to the president's scandal. cliffhanger left is wondering shot -- as the vice president takes control. e must all join hands and pray for our president. as you about your heads, rest assured i am in the white house charge of the situation. >> see what happens on the all "scandal." lookeds take another it to see what is happening with the national christmas tree lighting. neil patrick harris is the host this year. waiting on the of the first family. they should be there within the next few minutes. come out and flipped switch. >> always a beautiful sight. >> this will be interesting they change to the for the first time. we will see what that looks like. >>
of the deal we do what obama ran on on the tax cuts, on the tax increases and we're going to study the future spending cuts? isn't that the face-saving way out? >> it's tax reform, part of that conversation in the background. but i think simpson-bowles is more of a way out for the gop than some folks may think. i think generally the public, conservatives included, like the ideas that are enunciated in the plan. i think certainly more conservative members in the house and the senate have spoken favorably of it. it gives you a framework to begin the conversation and i was surprised that neither the president nor mitt romney actually took that as sort of a bull whip to kind of shape the argument. >> talking like that, that's why you referred to as former republican connection. >> there's a funny kind of -- there's an interesting, you know, i don't know, third option. i don't think it will come to this but there's sort of, you know, let's say we go over the cliff. the republicans do not -- they hold firm. we go over the cliff, then we'll no doubt reinstate the tack cuts of the middle class so the
for you. i heard president obama is making cuts to medicare if his plan goes through. he wants to cut $400 billion in entitlements. i collect ssdi. i am disabled. these $40 billion cuts in entitlements, are they going to affect ssi, ssdi? guest: we do not know what the administration is talking about yet. that offer came from the administration on the hill yesterday. it was not specific. $400 billion is what we are looking at in entitlement savings and we're not sure if it is ssdi or how beneficiaries would be affected. host: children make up a lot of these credits. which of these are affected by the amount of children you have? guest: some of them do matter. the eitc, there was a law that allowed you to climate for more than three children. that could go away by the end of the year. host: the earned income tax credit specifically. mary from kentucky on the republican line. caller: good morning. we are small business owners. with many of these taxes going up and there are proposals in kentucky to raise some of our state taxes because we have deficits and pension obligations. not only will
. >> stephanie: what it does, it brings the senate past middle class tax cuts which president obama said he will sign immediately to the house. >> what we could do, if we get the 218 signatures, we'll need some help from what i would consider to be moderate to pragmatic republicans, it would be on christmas eve. we could have it done. it takes seven days after we get her done. we could do it christmas eve. president said they would sign it. what i think is stephanie it changes the entire debate on this. it gets away from this -- we crafted this deadline and it is an artificial deadline we crafted but it is serious. it is ludicrous. the people don't understand it. like in any other, they do these oversimplifications of the kitchen table budgeting. well if you use their analogy on that, when you can't decide on something, pick the things out you can. this is an easy one. republicans say they want it. they'll vote for it. i can find no reason why you wouldn't do it. >> stephanie: representative, obviously there's -- separate
president obama's own self- described architecture of $3 in spending cuts for every dollar in new revenue. we are prepared to work and call on the white house to do the same thing. >> speaker boehner, president obama, the white house projection last offer -- \[inaudible] 53% of americans will blame republicans in congress if you go over the fiscal cliff. how long can you have that hard line on those making 250 and above. >> america faces a very serious problem and our goal is to make sure it gets solved. we have a debt problem that is out of control. we have got to cut spending and i believe it is appropriate to the receive news we are putting on the table are going to come from, guess who? the rich. there are ways to limit deductions, close loopholes and have the same people pay more -- more of their money to the federal government without raising the tax rates which we believe will harm our economy. \[inaudible question] >> i think our members understand the seriousness of the situation that our country faces. trillion dollar deficits for as far as the eye can see. $16 trillion of debt
, the republicans are trying to criticize the obama proposals by saying you're not cutting spending, you're not coming to us on entitlements, but it's falling flat. no one's really listening and the white house has controlled the debate that it's all about the upper 2%. the first thing in texas you do is shrink the size of government, wouldn't you? >> well, we did that. we faced a substantial budget shortfall. we have a constitutional amendment that requires us to have a balanced budget, which frankly america needs that. >> i don't know what would happen. >> most states have that. >> the states that are -- i would suggest to you the states that are doing better economically have a constitutional amendment that requires them to balance their budget. so, we had to deal with that in the early 2000s. and interestingly, it was the first time since the 19th century, since back about 1870, that there were all republicans, republican speaker, republican house, republican lieutenant governor, republican senate and myself, and we had run on the premise that we were going to treat government differ
to give in to some type of tax increase but president obama will have to come up with more entitlement cuts. jon: jenna had a great segment earlier about milton friedman and what would he do in this situation. >> yes. jon: he said or he was of the opinion if you give the government more money in any form they will figure out a way to spend it. >> senator rubio put it best. he said to create a successful economy, to create successful america we needless government, limited government. instead of making richer people poorer, make poor people richer. instead of new taxes create new taxpayers. we give money to the american people. they know best how to spend their money than big brother government. jon: are you optimist or pessimist when it comes to the question of whether we go over the fiscal cliff? >> i think president obama loves this country and is a patriot and boehner is a patriot and i believe they will work out a deal. if they don't make a deal, 28 million americans will pay alternative minimum tax and families will have their taxes raised $2,000 more and give more in this bad eco
of continuing tax breaks for the wealthy, the obama administration is willing to go over this cliff which means they're willing to let your taxes go up and unemployment checks go away massive spending cuts happen if the pentagon instead of continuing the tax breaks for the wealthy. now there's been very little progress here on chiapitol hill which is why so many have gone home. we know that president obama and john boehner spoke by phone. republican sources telling us they had a conversation yesterday. we don't have a readout on what that was about. we don't know that if any meetings have been scheduled. but any small sign of progress is welcome here on capitol hill. now with so many lawmakers headed home and likely to face the ire of their constituents, we saw one protester in baltimore yesterday over social security. there are a few left. today there's a joint economic committee hearing. they're going to hear from a top economist not only about the jobs numbers coming out tomorrow but also about what can be done to avoid this issue at the end of the year. >> tracie potts for us in washington.
stimulus spending. with limited details on spending cuts, the gop's reaction, less than encouraging. senator mitch mcconnell reportedly burst into laughter while geithner was in the middle of outlining obama's plan. and house speaker john boehner who described his phone call with the president wednesday night as disappointing was not impressed by the white house proposal. >> no substantive progress has been made in the talks between the white house and the house over the last two weeks. right now all eyes are on the white house. the country doesn't need a victory lap. it needs leadership. it's time for the president and congressional democrats to tell the american people what spending cuts they're really willing to make. >> boehner then raised the stakes by throwing the debt ceiling into the mix, suggesting that any plans to raise the nation's borrowing limit would have to be matched by spending cuts in the fiscal cliff deal. >> as i told the president a couple weeks ago, there's a lot of things i've wanted in my life, but almost all of them had a price tag attached to them. i conti
it. the first sign of failure is blaming somebody else, and that is all obama does. he does not want to fix nothing. they also take a cut in pay. right at the bottom in the fine print where nobody read is congress and senate, they take a cut in pay and they get no health insurance and nothing. then maybe they might fix the sucker. host: in "the financial times," they have this headline. back to the phones. michael is on the line for democrats. caller: how are you doing today? they really need somebody to negotiate with. everybody knows john boehner does not have the power to negotiate. he needs to get the middleman out of the way and go onto eric cantor and negotiate with eric cantor, he does have the power. host: why does the majority leader, rip eric cantor have the power you say the speaker does not have? caller: because john boehner has been boxed in. everything he does when he goes back, he tells barack obama one thing, but when he goes back to his caucus and comes back, he has something different. eric cantor is wanting to be speaker of the house. everybody knows that. john boe
earners, but -- >> the middle-class tax cut should be made permanent. >> president obama stayed out of the fiscal cliff discussions and sat down for lunch with former rival mitt romney. >> i am sure they will or have already compared experiences on the campaign trail. >> today president obama hits the road to push for his plan to avoid the fiscal cliff. but republicans have slammed him for campaign-style politics that they say just won't get the job done. rob and sunny, back to you. >> can you really imagine that they're not going to reach some sort of deal to avoid the fiscal cliff? i mean that would be so unpopular across the nation. >> you would -- if you can take an action that would solve the problem for 98% of the country and then come back to the debate about the wealthiest 2%, let's get that first chunk done. republicans fear they could lose leverage if they cave in on the middle-class issue. apparently the president, his team has made increased demand here including, a provision now, part of the negotiations where, the congressional control over the debt limit would go away
, december 5th, and "starting point" begins right now. >>> our "starting point" this morning, president obama putting his foot down. he says no tax hikes for the wealthy, no deal. america hits that fiscal cliff in 27 days and that means tax hikes and deep spending cuts if the democrats and the republicans can't come together in some kind of a deal and with just ten days remaining until congress is scheduled to go home for the holidays, the clock ticking. here's what he told bloomberg news. listen. >> we're going to have to see the rates on the top 2% go up and we're not going to be able it to get a deal without it. >> we start this morning with white house correspondent dan lothian, he's in washington, d.c. okay. so who's got the ball in their court at this point then, dan? >> well, you know, i think the house gop, they have presented their counteroffer which white house spokesman jay carney is referring to as, quote, magic beans and fairy dust. we expect that house republicans will keep putting pressure on the white house to engage, push for more details on what the white house will accept w
are reportedly considering is to accept tax cuts for the middle class, allow rates to go up for the wealthiest, and then start the fight over again during debt limit talks early next year. yesterday at a business roundtable of ceos, president obama took a hard line, warning his opponents not to consider this strategy. >> if congress in any way suggests that they're going to tie negotiations to dell creting votes and take us to the brink of default once again as part of a budget negotiation, which, by the way, we have never done in our history until we did it last year, i will not play that game. >> well, i wonder, the president's saying, steve, that, you know what, we can raise rates now and maybe lower them later next year so republicans are now saying we can raise rates now. maybe we'll lower them later and we'll talk about it during the debt ceiling. now he's saying no, we're not going to talk about it then either. when would we have this debate when we were renaming post offices in july? can you clarify something for people that are watching? republicans are talking about raising taxes on
at the issue of the payroll tax cut. kim dixon, when did the payroll tax cuts issue come into effect? guest: about two years ago at this time. expiration of the bush-era tax cuts that began in 2001 were set to expire. republicans control the house. president obama wanted to continue them for everybody except those in the top 2% tax rate. --wasn't ended the year deal it was an end-of-the-year deal. the obama administration was looking for the stimulus measure. they thought it would be hard for republicans to oppose a tax cuts. host: the money rigidly was going where -- the money originally was going where? guest: going to the social security trust >> we take you live now to the u.s. capitol and house speaker john boehner. >> the president has warned us about the dangers of going over the fiscal cliff. but his actions have not matched his public statements. momings of his own party seem quite comfortable on sending the economy over the fiscal cliff. two weeks ago we had a very productive conversation at the white house. based on where we stand today i would say two things. first, despite the
an extension of the bush era tax cuts for the top 2%. full stop. >> bill: full stop. >> this is what i don't get about this. this is not some new idea. this is not something that obama is you know, pulling out of the clear blue sky. it is something he ran on. this is what the election was about. >> bill: and the people voting. >> overwhelmingly. >> bill: we have to go back to the beginning. these tax cuts were enacted by george w. bush in 2001. still a bad idea then, i believe. at any rate, we had a surplus. it was sold to the american people because we have a surplus, we ought to give money back. we'll have the tax cuts across the board which benefitted mostly the wealthiest of americans. we knew that at the time. they were adopted as a temporary measure. what part of temporary doesn't john boehner understand? what part of temporary don't these republicans understand, right? i mean what is it about suddenly suddenly, it's become gospel. it is sacrosanct that you can never raise tax on the richest of american
. president obama's legislation to extend the middle class tax cut has already been passed by the senate and now depends on us. we should embrace this opportunity to vote on something we can agree on and bring this legislation to the floor. i have already signed this petition. i urge all my colleagues to come down to the house floor right now even sign this discharge petition, bring this to the floor, let's give the american people a real holiday present. thank you. the speaker pro tempore: the gentlelady from california yields back. for what purpose does the gentleman from rhode island seek recognition? >> mr. speaker, i ask unanimous consent to address the house for one minute. the speaker pro tempore: without objection, the gentleman from rhode island is recognized for one minute. mr. cicilline: last month the american people went to the polls and delivered congress a resounding message that republicans and democrats should be working together to solve their nation's problems. although our constituents have made it clear that the time for partisan games is over, and despite overwhelmi
a bill that would extend the tax cuts for 98% of families and 97% of workers. president obama said he'd sign it intaw law. into law. he even showed us the been. all the house has to do is let it come up for a vote, pass it and middle-class families can go into these holidays with the certainty they deserve. mr. president, i want to be very clear about something because some of my republican colleagues seem intent on confusing the issue. republicans don't have to support taxes going up on the rich in order to vote for our bill to keep taxes low on the middle class. let me repeat that. republicans can believe that the bush tax cuts for the rich should be extended, they can remain committed to fighting for that misguided policy, in my opinion, and they can still vote on the portion of the tax cuts we all agree should be extended to the middle class. then middle-class families would win, we would have worked together to extend tax cuts for 98% of workers and 97% of small business owners, and then when the middle class is taken care of, i'd be happy to engage my republican colleagues in a
in today for john berman. >> and i'm zoraida sambolin. >>> up first, president obama standing his ground over the fight in the fiscal cliff. americans face crushing tax hikes and severe spending cuts in 27 days if democrats and republicans cannot come together on a deal. by the way, congress breaks for the holidays in ten days. slash that number. in an interview with bloomberg news, the president made it crystal clear he's not about to blink on the issue of tax hikes for the wealthiest americans. >> we'll have to see the rates on the top 2% go up. and we're not going to be able to get a deal without it. >> white house correspondent dan lothian joins us live from washington this morning. very nice to see you, dan. >> good to see you. >> here's the deal. we have republicans pitted against democrats. now we understand there are issues amongst republicans as well. >> that's right. they're in a tough spot here. they don't want to be in left in a position of being blamed for the fiscal cliff. you're seeing a division between house members and senate members. the reason for this is mainly over
's happening on the fiscal cliff and whether or not democrats should hold president obama particularly should hold the line. that's what they told him last night at the white house reception, speaking for all of you, hold the line, mr. president. don't give in on the tax cuts for the 2%. make sure they disappear the way they should and if necessary go over the fiscal cliff. no deal's better than a bad deal. great to see you today. join the conversation any time at 1-866-55-press. follow us on twitter at bpshow. peter ogborn and dan henning team press in place here this morning. good morning guys. peter's always keeping track of the social media and your comment on twitter. phil backert has the phones and cyprian bowlding has the camera. our videographer keeping us looking good here on current tv. well, we know that breaking news this morning actually came across the wires that kate middleton is filing better. she's over that acute morning sickness. she's left the hospital. and at the same time, a little breaking news
- called fiscal cliff. for the first time in days, president obama and house speaker john balkaner spoke by phone about the looming deadline. there reportedly was no major progress but leaders say it was a start. the two sides have agreed to tax reforms and spending cuts but are still at a stalemate on raising attacks on incomes over $250,000. >> the hold-up right now is that speaker boehner took a position i think the day after the campaign that said we're willing to bring in revenue but we're not willing to increase rates. >> i'm be here an i'll be available at any moment to sit down with the president to get serious about solving this problem. >> speaker boehner says the president has not responded to the republicans' latest proposal that does not include a tax increase on wealthy americans. >>> new this thursday morning, former delegate tiffany alston is officially out of office. yesterday, a prince george's county judge ruled that she was out of office following her october plea deal relating to office misconduct. the judge also ruled that the nomination of greg hall by the democrat
, president obama spoke with john boehner and eric cantor says the gop is ready to, quote, talk specific. if an agreement is not reached, defense employees will take a hard hit. almost half of the automatic cuts that would take effect will impact the department of defense and civilian employees are expected to be first to feel it. >>> new this morning, the duchess of cambridge is out of hospital and as we see in this video, just in to the newsroom, she and prince william were seen leaving about 0 minutes ago to head to kensington palace. the couple is expecting their first child and kate had been hospitalized for severe morning sickness. her stay in the hospital was uneventful except for a prank call by a pair of australian dj is pretrending to be the queen and prince charles. >>> same-sex couples in washington state line up to say i do and the state rolls out a controversial new law that legalizes smoking pot in private. >> a software giant arrested. john mcafee is at the center of an investigation into his neighbor's murder. that is not why he was taken into custody. we'll explain when
over that so-called fiscal cliff. tax hikes and spending cuts kick in if no agreement is reached between the house and republicans on how to close the budget gap. it has been more than two weeks since president obama invited the major players to the white house to discuss the situation. as of this morning, no new talks are scheduled. brianna keilar joins us. so many republicans say they are pessimistic about a deal happening in time to avert this fiscal cliff. some say it's for political reasons. what can you tell us? >> it may all be for political reasons. that's no surprise in washington. as you can seen through dealmaking not just on this but things in the past couple of years between the white house and congress, there is almost this rhythm that has evolved. both sides are pointing to the other for an impasse. republicans like senator lindeyy graham just slamming the white house and tim geithner for a plan he laid out on behalf of the administration, laying out about $1.6 trillion in new revenues coupled with only about $400 billion in medicare cuts. listen to what graham sai
Search Results 0 to 49 of about 56 (some duplicates have been removed)